August 1 has become a historic milestone for EU-Vietnam relations as the EU-Vietnam Free Trade Agreement (EVFTA) officially came into force to have a major impact on the economy and the legal system of Vietnam.
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The novel coronavirus (COVID-19) pandemic has had a strong impact on the export of Vietnamese agricultural products, especially to major markets such as China, the United States, and the European Union.
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The trend of shifting FDI investment to other countries, including Vietnam, is an opportunity for the domestic economy and the FDI sector to create a tighter linkage. However, the linkage between domestic enterprises and the FDI sector is still facing many difficulties, mainly due to shy domestic enterprises.
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With Vietnam possessing huge potential for development amid a strong digital transformation process, Singaporean technology firms are increasingly viewing the Vietnamese market as a key area for growth.
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The co-operative relations between Israel and Việt Nam are growing strong in all spheres, with the two countries currently negotiating the official signing of a bilateral free trade agreement (FTA). It is one of the items discussed by Deputy Ambassador of Israel to Việt Nam, Shirel Levi, in a recent interview with Việt Nam News reporter Nguyễn Linh Anh.
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With its great potential in IT, Vietnam as ASEAN chair has been making efforts together with other member states in boosting the application of high technologies to adapt to the Fourth Industrial Revolution, which is sweeping regionwide.
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In the first seven months of 2020, the industrial production index is estimated to have increased 2.6% over the same period last year, much lower than the rate of 9.4% during the same period in 2019. This is the lowest growth in many years.
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The European Union - Vietnam Free Trade Agreement (EVFTA) will open a wider door for HCMC’s goods to access the EU's market of 500 million people. To prepare for EVFTA implementation, the city has implemented a plan to proactively welcome opportunities from this agreement.
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Do not let the economy be broken is the Government's goal in the second outbreak of the Covid-19 pandemic. However, this is a very difficult time to say anything because the economy's variables are constantly changing due to the complexity and unpredictability of the pandemic.
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Although the export of agro-forestry-fishery products in the first seven months of the year decreased by 2.8% compared to the same period last year, the Ministry of Agriculture and Rural Development affirmed that if we make the best efforts and there are no major changes in the global situation, the total export value this year will reach over US$40 billion.
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